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Central Coast Hotel Revenue Climbs In January

More visitors translated into higher Central Coast hotel revenue in January compared to the year before.
According to Smith Travel Research San Luis Obispo county hotels posted a 9% increase in room revenues, with occupancy up 3.1%. RevPAR was up 6.7%. SLO’s average rate was $97,08 up form $93.73 in January 2012.
In Santa Barbara county room revenue was up 6.3%,occupancy was up 2.5% and RevPAR increased 3.9% vs January 2012.The average rate was just under $130.
In Monterey County room revenue was up 11.9%,occupancy increased 6.3% and RevPAR jumped 11.2% The average rate was $127.17.
For the state as a whole, room revenue was up a strong 9.5% in January 2013 compared to January 2012.

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